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Feb 14, 2013
02/13
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that debt is honest to goodness government debt backed by the full faith and credit of the government. we don't include in the debt measure that we focus on, nor do most analysts, because we look at the government as a unified whole and we take account of future social security and medicare, other compliments of spending, so we capture the future obligations of those programs under current law in the way we do our projections of spending. when we look at the debt we look at the debt that the government owes to outside of the government. >> so you don't calculate that debt until that debt becomes due so when the social security trust fund has an i.o.u. and gets into the other hand of government to pay that, that's when you count it, at that time? >> so we produce projections of this larger -- of gross debt. we report them in this outlook but we don't focus on it. >> if i want to include a social security trust fund to my constituents and educate america, what would be the debt to g.d.p. ratio if you included the trust fund and any other significant debt? >> i'm sorry, congressman, i do
that debt is honest to goodness government debt backed by the full faith and credit of the government. we don't include in the debt measure that we focus on, nor do most analysts, because we look at the government as a unified whole and we take account of future social security and medicare, other compliments of spending, so we capture the future obligations of those programs under current law in the way we do our projections of spending. when we look at the debt we look at the debt that the...
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Feb 19, 2013
02/13
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it doesn't cost the government anything to do it. this is a cheap way to do it for the government. this is do not like this. big businesses do not like that. host: the last time it was raised was in 2007. why hasn't it been raised since then? guest: a general sense in washington. to do not want to interfere with the workplace. if you raise the minimum wage, there is concern you raise unemployment. the economic analysis of that is complicated. there is a general sense to remain hands-off. i think business has been successful in pointing out that this is hard for them. host: states have been acting on their own. according to politico, here are the states with the highest minimum wages. washington state, $9.19. oregon, $8.95. host: all higher than the federal minimum wage. why and when did they make these decisions? guest: a lot of states have moved since 2007. a lot of cities have minimum wages that are a lot higher, often because the cost of living is a lot higher. but yes, states have acted unilaterally. they have looked at their industries and they have worked to do it to help low
it doesn't cost the government anything to do it. this is a cheap way to do it for the government. this is do not like this. big businesses do not like that. host: the last time it was raised was in 2007. why hasn't it been raised since then? guest: a general sense in washington. to do not want to interfere with the workplace. if you raise the minimum wage, there is concern you raise unemployment. the economic analysis of that is complicated. there is a general sense to remain hands-off. i...
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Feb 15, 2013
02/13
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and why they work for the government. that's all i want them to do. i guarantee you nine out of 10 of them will say, because we love what we do. because we want to make a contribution. i yield to mr. wolf, three minutes. from virginia. the speaker pro tempore: gentleman from virginia is recognized for three minutes. mr. wolf: i rise in opposition to the bill. i saw the movie "zero dark thirtyy" in the movie the woman, maya, who is working for 10 years to find osama bin laden and the entire team, maya's pay raise and pay has been frozen and the team for the last 10 years. there is a scene in the movie, i don't want to ruin it if you haven't seen it, seven c.i.a. employees were killed. i went out to the memorial service in my congressional district at langley where i watched the young kids, one little kid had a blazer on and khakis and i watched them come in. the team that replaced the team that was killed, were at a pay freeze for three years. the agent who stopped that young boy from being killed down in alabama, just rou
and why they work for the government. that's all i want them to do. i guarantee you nine out of 10 of them will say, because we love what we do. because we want to make a contribution. i yield to mr. wolf, three minutes. from virginia. the speaker pro tempore: gentleman from virginia is recognized for three minutes. mr. wolf: i rise in opposition to the bill. i saw the movie "zero dark thirtyy" in the movie the woman, maya, who is working for 10 years to find osama bin laden and the...
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Feb 14, 2013
02/13
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we are now hearing of furloughs across the government agencies. this would mean that families that are dependent only that paycheck to put food in their children's mouths and clothes on their backs will be forced to stay home as much as one day a week for up to 22 weeks. this means millions of dollars in lost pay for dedicated public servants because congress and this president cannot get their act together and do what is right for our country. at this point, the house has passed two separate plans that were never even considered by the senate. ultimately, inaction by the president and senate are allowing us to inch closer and closer to the disgusting reality of these cuts. even more disappointing than the senate and president's inaction is the ridiculous position of many that seem completely content to throw their hands up and say we have done all we can do. but i am perhaps the most disappointed in my colleagues that want these cuts to take place in the name of spending cuts only. what good are spending cuts when you can't defend the nation you
we are now hearing of furloughs across the government agencies. this would mean that families that are dependent only that paycheck to put food in their children's mouths and clothes on their backs will be forced to stay home as much as one day a week for up to 22 weeks. this means millions of dollars in lost pay for dedicated public servants because congress and this president cannot get their act together and do what is right for our country. at this point, the house has passed two separate...
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Feb 12, 2013
02/13
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he's known as a fierce opponent of government waste and is devoted to limited government and trying to create private sector jobs. we're very grateful of dr. price's patience of what happened when he was going to come here to the club during hurricane sandy. so we're very clad glad that you were able to come today. congressman van hollen was elected to the house of representatives in 2002 to represent maryland's eighth district and we're very happy to have him back from a couple years ago. his district contains most of month gomry county and some of the prince george's county suburbs of washington, d.c., and he's the ream of the house budget committee, the leading democrat -- ranking minority member of the house budget committee, the leading democrat. he became the ranking member of the democratic budget committee in 2011. i guess he's no longer a rising star in the party. i think that's what we said in a couple -- a couple years ago at the club. he's now a star and one of the star democrats on tv. so we're privileged to have two stars from opposing parties in the congress at today's n
he's known as a fierce opponent of government waste and is devoted to limited government and trying to create private sector jobs. we're very grateful of dr. price's patience of what happened when he was going to come here to the club during hurricane sandy. so we're very clad glad that you were able to come today. congressman van hollen was elected to the house of representatives in 2002 to represent maryland's eighth district and we're very happy to have him back from a couple years ago. his...
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Feb 14, 2013
02/13
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the federal government decided to help out. before the federal government got involved in medical care, medical care was cheap and affordable by almost everybody. doctors even made house calls. we took what was a very minor problem for a very few people and now we turned it into a massive major problem for everyone, and that seems to be the history of the federal government. i just came from a hearing in the oversight and government reform committee, and i will return to that shortly. but in the g.a.o. report on the new york medicaid program, which is the largest in the country, it tells -- it gives one instance -- or tells about a daily payment method results in $5,000 each -- daily rate for institutional residents in the state of new york. $5,000 daily payments. the new york program is paying over twice as much as the average around the country, and we sometimes hear that medicare and medicaid can't be cut and we certainly don't want to hurt any lower income people, but there are some people and companies getting ridiculously
the federal government decided to help out. before the federal government got involved in medical care, medical care was cheap and affordable by almost everybody. doctors even made house calls. we took what was a very minor problem for a very few people and now we turned it into a massive major problem for everyone, and that seems to be the history of the federal government. i just came from a hearing in the oversight and government reform committee, and i will return to that shortly. but in...
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Feb 12, 2013
02/13
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and this is what we need to do across the federal government. we don't have to spend twice as much money on health care as most of the developed countries for outcomes that are mediocre at best. we don't have to spend more money on defense than 12 or 13 of the remaining largest defense budgets, and on weapons that in many cases like our nuclear arsenal, but we have far more than we need and can ever use and can afford. we can pare that down, save tens of millions of dollars and still be the most powerful nation in the world. for the outrageous crop insurance that encourages reckless and expensive behavior by paying farmers to plant crops on land that never should have been cultivated in the first place. while we will control spending and increase revenues, the most important thing we can do is to change the way we do business. using commonsense, proven technology, stretching our tax dollars, and making our communities more livable. we can start by not pressuring the corps of engineers to complete the levees, spending millions of dollars we don't
and this is what we need to do across the federal government. we don't have to spend twice as much money on health care as most of the developed countries for outcomes that are mediocre at best. we don't have to spend more money on defense than 12 or 13 of the remaining largest defense budgets, and on weapons that in many cases like our nuclear arsenal, but we have far more than we need and can ever use and can afford. we can pare that down, save tens of millions of dollars and still be the...
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Feb 13, 2013
02/13
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government is important. the heroes of 9/11 were government workers. government teaches our kids. it protects us. keeps us safe. helps keep our air clean. and protects the less fortunate. the tea party has this wrong. the objectives should not be to destroy government through reactive draconian cuts. rather we should collectively rethink and renew this institution that touches all of our lives. i recognize not everyone i serve with would agree on how to cut defense to make them sustainable over time. that's the whole point. we have to compromise. sadly that's not in vogue these days. my colleague from chicago, congressman bobby rush, said it best when he observed, in congress the view of compromise is that the other guy gives in. it simply can't be that way. until we end the big erk, and bricksmanship, the deadlock that's paralyzed our political process will continue. it is not we can imagine better but can we do better? those words are true today. we have to abandon the doing mas -- dogmas of yesterday to fulfill the promise of tomorrow. we cannot escape history, he said. we of t
government is important. the heroes of 9/11 were government workers. government teaches our kids. it protects us. keeps us safe. helps keep our air clean. and protects the less fortunate. the tea party has this wrong. the objectives should not be to destroy government through reactive draconian cuts. rather we should collectively rethink and renew this institution that touches all of our lives. i recognize not everyone i serve with would agree on how to cut defense to make them sustainable over...
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Feb 18, 2013
02/13
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they must ask for leave of the government speak. in the segment i am giving you he concludes with the following -- these onerous restrictions function as a prior restraint, giving the sec power analysis to licensing the laws of 16th and 17th century england, the sort that they were drawn to prohibit because their business is to sensor and there is a danger that there may be less of a response in court to the constitutional expression. >> here is the fundamental from the court, the the very business of regulating politics, regulating campaign finance, which necessarily entails intervention through other ways by which the administrative agency is heard poses a fundamental threat of censorship. it adheres in the past that it is within their goals to the first amendment. that is one point he makes that raises the question of the 1970's regulatory model. another that he addresses is the question of the distinction on different kinds of speakers. in citizens united he was referring to the congressional expectation that corporations the sp
they must ask for leave of the government speak. in the segment i am giving you he concludes with the following -- these onerous restrictions function as a prior restraint, giving the sec power analysis to licensing the laws of 16th and 17th century england, the sort that they were drawn to prohibit because their business is to sensor and there is a danger that there may be less of a response in court to the constitutional expression. >> here is the fundamental from the court, the the...
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Feb 13, 2013
02/13
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and the establishment of the democratically elected government. we are working closely with the new libyan government and with the international community to effectively and appropriately ease restrictions on sanctions, entities, including by taking actions consistent with the u.n. secretary council's decision to lift sanctions against the central bank of libya and to other entities on december 16, 2011. the situation in libya, however, continues to pose an unusual and extraordinary threat to the national security and foreign policy of the united states, and we need to protect against this threat and a diversion of assets were abused by certain members of gaddafi's family and other former regime officials. therefore, i have determined that it is necessary to continue the national emergency with respect to libya. signed barack obama, the white house, february 13, 2013. the speaker pro tempore: the message will be referred to the committee on foreign affairs and ordered printed. and announces to the house her approval thereof. -- spounsspuns -- unde
and the establishment of the democratically elected government. we are working closely with the new libyan government and with the international community to effectively and appropriately ease restrictions on sanctions, entities, including by taking actions consistent with the u.n. secretary council's decision to lift sanctions against the central bank of libya and to other entities on december 16, 2011. the situation in libya, however, continues to pose an unusual and extraordinary threat to...
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Feb 11, 2013
02/13
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eye 108
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it is enough to run the government for about six or seven days. did not do a thing. there are people in this country will say, the present one ban on taxes so we are in great shape. the president has to challenge his party on spending. we have to work this thing out. host: if you look at entitlement programs, you can take social security off of the table. medicare and medicaid certainly are. are republicans and democrats in the mood to make serious cuts in those programs? guest: i belong to the fix the debt coalition. they say you have to have a big deal along the lines that the president and john boehner were working on a couple of years ago. he cannot continue to nibble at the edges. i would disagree on social security. i know that is the conventional wisdom. in 1968, lyndon johnson decided to hide the cost of the vietnam war by creating a unified budget so the social security trust fund began to be used for other sources. this past year was the first your money out of social security past money coming in in the form of payroll taxes. when people say it does not co
it is enough to run the government for about six or seven days. did not do a thing. there are people in this country will say, the present one ban on taxes so we are in great shape. the president has to challenge his party on spending. we have to work this thing out. host: if you look at entitlement programs, you can take social security off of the table. medicare and medicaid certainly are. are republicans and democrats in the mood to make serious cuts in those programs? guest: i belong to the...
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Feb 17, 2013
02/13
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the department of justice is working to create incentives and provide assistance to state governments, prime contribute is too deep background check system, to ensure that they put all relevant health records into the system. even if we find a way to get every record in, our effort to prevent criminals from getting guns is hampered by current holds in the background check system. violent criminals often seek out sellers, whether at gun shows, the internet, with the yellow pages, who are not licensed dealers and not required to run the background check. extending the background check requirement to all commercial transactions, absent limited exceptions, is our best opportunity to keep firearms out of dangerous hands and keep our children and communities say. we worked closely with state prosecutors, local law enforcement officials, to determine if a particular gun case or gun offender should be charged in federal or state court. when cases come to us, we use federal firearms statutes to prosecute prohibited persons who possess firearms, people who are prevented from obtaining a firearm
the department of justice is working to create incentives and provide assistance to state governments, prime contribute is too deep background check system, to ensure that they put all relevant health records into the system. even if we find a way to get every record in, our effort to prevent criminals from getting guns is hampered by current holds in the background check system. violent criminals often seek out sellers, whether at gun shows, the internet, with the yellow pages, who are not...